I am trying to understand what the total, long and short and average pips mean on “The Grid”, as they seem to have no bearing on the number of pips actually achieved on a system (I counted!). I am looking specifically only at forex.
Any hints would be really appreciated (somebody else has suggested it previously, but a bit more explanation on the grid would be really helpful).
Whilst I am on the subject - I also can’t understand the compounded returns. I compared two systems by the number of pips they had achieved at one lot (again I counted!). They had done a similar number of trades over a similar time period. One had a return of around 100% but 2000 positive pips, and the other had a 1000+% compound return, but had only achieved 80 positive pips. I understand that money management is a key part here, but it doesn’t appear to be a fair comparison as the second was trading bigger lots. To me, comparing the number of pips is much more accurate.
